Thursday, October 03, 2013

Monsanto invests in decision-making data tools

At Modern Farmer yesterday, Dan Mitchell explains the new Monsanto purchase of the Climate Corporation:
Monsanto is hot to expand further into data services for farmers. Toward that end, the company on Tuesday morning announced that it will acquire The Climate Corporation for $930 million. Climate Corporation underwrites weather insurance for farmers, basically in real time, using some of the most sophisticated data tools available to determine the risks posed by future weather conditions and events.

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